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KY invests $151 million in Ft. Knox area projects Governor Steve Beshear announces $151 million in BRAC (Base Realignment and Closure) regional growth projects Why this story is important Ft. Knox, KY, is approximately 82 miles from downtown Columbia, KY. BRAC changes have provided jobs and contracts for Columbia area companies, craftsmen, and other workers preparing the base for change of mission. Both Lindsey Wilson College and Campbellsville University have presences in the Greater Ft. Knox area, prompted by the huge jobs boom because of BRAC. -CM By Kerri Richardson News from Commonwealth News Center Elizabethtown, KY. 2010-08-25--Surrounded by community leaders, legislators and local officials, Governor Steve Beshear today announced nearly $151 million in state approved transportation and infrastructure projects for the Fort Knox region. The projects will support the communities in accommodating the growth expected from the federal Base Realignment and Closure (BRAC) Commission's 2005 decision to realign to Ft. Knox. Approved by the state are 11 infrastructure projects proposed through the Lincoln Trail Area Development District's Metropolitan Planning Organization (MPO) and the Kentuckiana Regional Planning and Development Agency (KIPDA). Also included in the budget are four transportation projects for the region that were prioritized in the Kentucky Transportation Cabinet's six-year-road plan. "With the phenomenal onset of the growth and transition brought about by BRAC at Fort Knox, this region of the Commonwealth is growing by leaps and bounds," said Gov. Beshear. "Our military is one of our greatest partners and today we would like to show our commitment to seeing this region through its growing pains. The $151 million in transportation and infrastructure improvements will go a long way toward building roads, water and wastewater projects to help sustain the many workers, families and residents who are using these resources every day." Water and wastewater projects total $38.4 million and include:
Ft. Knox is prepared to receive a net gain of both military and civilian personnel by September 2011. The base is hiring more than 5,000 military and civilian personnel. In total, there will be an increase of about 2,500 military, more than 2,000 civilians and as many as 1,000 permanent contractors. The additional payroll for the area is expected to rise by $322 million annually. Military income for the Elizabethtown Metropolitan Statistical Area reached $1 billion last year. In addition, about 7,700 family members will also move to Kentucky, increasing the region's population by approximately 13, 000, many of whom will live in the communities surrounding Fort Knox. From 2007-2012, the total projected state tax revenue generated from Ft. Knox operations will exceed $385 million, representing a $96 million increase in new state tax revenue. Projected annual state tax revenue is expected to be approximately $75 million. The Governor's BRAC Task Force continues to manage the Department of Defense BRAC recommendations. The 14 member task force, which is chaired by Gov. Beshear, was authorized by Executive Order on March 26, 2008. This story was posted on 2010-08-26 01:24:58
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Link: Sen. President David Williams considering race for governor State adding traffic signal at Veterans Memorial Highway/ KY 49 intersection Jane Beshear participates in Canopy Zip Line Tours Kentucky's jobless rate drops to 10 percent in June Five Pulaski Countians indicted in alleged bribery case Salato Center's 9th annual Herpetology House is July 17, 2010 Construction starts tomorrow on Rineyville's roundabout KY Historical Society presents: 19th Century mourning practices discussion Legislative Update: April 22, 2010 report Kentucky's jobless rate drops to 10.7 percent in March View even more articles in topic Kentucky |
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